The highlights of this round of results include 3.87m @ 9.9g/t Au from 328.33m, including 2.45m @ 15.02 g/t Au from 328.8m intersected in RXDD046 and 3.62m @ 6.49g/t Au from 315.42m, including 0.86m @ 21.03g/t Au from 315.42m intersected in RXDD046. The results confirm the discovery of a new high-grade lode in the historically untested hanging wall area 300m south of the
Rox Managing Director
New High-Grade Hanging Wall Shoot Confirmed
Drilling results reported in
Two additional diamond holes were completed to follow up on the previously reported intersection in hole RXDD022 (4m @ 45.5g/t Au from 341m, including 1.33m @ 129.3g/t Au from 341.75m) (ASX RXL 06/09/2021).
Follow up drilling was completed 40m up dip (RXDD045) and 40m up plunge (RXDD046) of RXDD022. Both holes intersected similar style high-grade mineralisation.
High-grade intersections include:
RXDD046: 3.87m @ 9.9g/t Au from 328.33m, including 2.45m @ 15.02 g/t Au from 328.8m
RXDD045: 3.62m @ 6.49g/t Au from 315.42m, including 0.86m @ 21.03g/t Au from 315.42m
The results define a WNW striking, SW dipping shear zone. Structural measurements within the mineralised zones (shear fabric and stretching mineral lineation) indicate the lode is dipping moderately towards the southwest and shows a high-grade component plunging at 10-20 degrees to the WNW. The orientation of the new lode is different to previously identified lodes at Youanmi, which characteristically strike at N and NNW orientations (Figure 1*).
Gold mineralisation is shear hosted within highly altered tholeiitic and komatiitic basaltic rocks. The alteration assemblages consist of sericite, quartz, carbonate and biotite. Gold occurs in association with pyrite and lesser arsenopyrite. The new hanging lode is open at depth and along strike and demonstrates the likelihood for economic mineralisation to be developed in this area. Follow up drilling is planned.
Resource Drilling Ongoing
Drilling remains on track to deliver further increases in the recently reported resource inventory at Youanmi of 1.7Moz at 2.85g/t Au (ASX RXL
Results are pending for 25 RC and 15 diamond holes in addition to 22,000m of aircore drilling undertaken on regional prospects.
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